Yorketown, NJ Cost Of Living
Cost Of Living In Yorketown, NJ Summary
Cost of living in Yorketown research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Yorketown is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Yorketown is 144, with 100 being the average.
The cost of living index in Yorketown is 1.4x higher than the national average.
Yorketown ranks as the #187 cheapest in New Jersey out of 251.
Yorketown ranks as the #5,704 cheapest out of 6,412 in the US.
The median home value in Yorketown is $457,700.
The median income in Yorketown is $146,116.
Table Of Contents
Yorketown's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Yorketown, NJ?
According to the most recent data on the cost of living, Yorketown has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Yorketown has a cost of living index that's 1.3x higher than New Jersey's index of 111.
The standard of living in Yorketown ranks as #187 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Yorketown ranks as the #64 most expensive place in the Garden State.
For more reading on life in Yorketown, check out:
- Living In Yorketown
- Search Homes For Sale In Yorketown, NJ
In New Jersey
In America
Yorketown Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Yorketown. Here is how it fairs on each of the criteria:
The Services index in Yorketown is 115.
The Groceries index in Yorketown is 108.
The Health index in Yorketown is 102.
The Housing index in Yorketown is 224.
The Transportation index in Yorketown is 108.
The Utilities index in Yorketown is 103.
| Living Expense | Yorketown | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 144 | 111 | 100 | |
| Services | 115 | 104 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 102 | 95 | 100 | |
| Housing | 224 | 130 | 100 | |
| Transportation | 108 | 106 | 100 | |
| Utilities | 103 | 108 | 100 | |
Yorketown, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Yorketown is $457,700.
The Median Rent in Yorketown is $2,142.
The Median Income in Yorketown is $146,116.
The Home Value To Income in Yorketown is 3.1x.
The Rent To Monthly Income in Yorketown is 0.18x.
| Statistic | Yorketown | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $457,700 | $355,700 | $244,900 |
| Median Rent | $2,142 | $1,436 | $1,163 |
| Median Income | $146,116 | $89,703 | $69,021 |
| Home Value To Income | 3.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Yorketown, NJ Costs By Category
Detailed Yorketown Services Costs Vs. New Jersey
| Item | Yorketown | New Jersey |
|---|---|---|
| Shampoo | $1.03 | $1.06 |
| Movie | $12.59 | $10.68 |
| Bowling | $17.73 | $14.67 |
| Haircut | $20.73 | $18.62 |
| Beauty Salon | $36.4 | $39.05 |
Detailed Yorketown Groceries Costs Vs. New Jersey
| Item | Yorketown | New Jersey |
|---|---|---|
| Ground Beef | $3.87 | $4.22 |
| Fried Chicken | $1.67 | $1.39 |
| Milk | $2.41 | $2.05 |
| Potatoes | $3.09 | $3.29 |
| Pizza | $11.4 | $10.62 |
| Beer | $9.19 | $9.38 |
| Toothpaste | $2.16 | $2.34 |
Detailed Yorketown Health Costs Vs. New Jersey
| Item | Yorketown | New Jersey |
|---|---|---|
| Optometrist | $101.33 | $108.57 |
| Doctor | $94.5 | $116.17 |
| Dentist | $113.15 | $99.13 |
Detailed Yorketown Transportation Costs Vs. New Jersey
| Item | Yorketown | New Jersey |
|---|---|---|
| Gasoline | $2.26 | $2.22 |
| Tire Balancing | $56.66 | $50.07 |
Detailed Yorketown Utilities Costs Vs. New Jersey
| Item | Yorketown | New Jersey |
|---|---|---|
| All Electricity | $174.26 | $167.67 |
| Phone | $179.87 | $175.64 |
Yorketown SnackAbility
/10
Cost Of Living In Cities Around Yorketown
The cost of living varies in the cities and towns around Yorketown. Here's a quick look at the cost of living in the most populous nearby places:
Old Bridge, NJ has a cost of living index of 125, 0.9x Yorketown.
Colonia, NJ has a cost of living index of 127, 0.9x Yorketown.
West Freehold, NJ has a cost of living index of 136, 0.9x Yorketown.
| City | Population | Cost Of Living | Vs. Yorketown |
|---|---|---|---|
| Old Bridge, NJ | 28,252 | 125 | 0.9x |
| Colonia, NJ | 18,776 | 127 | 0.9x |
| West Freehold, NJ | 14,565 | 136 | 0.9x |
| Mercerville, NJ | 14,234 | 116 | 0.8x |
| Freehold, NJ | 12,485 | 119 | 0.8x |
| Robertsville, NJ | 12,365 | 148 | 1.0x |
| Hamilton Square, NJ | 12,244 | 130 | 0.9x |
| Kendall Park, NJ | 10,560 | 131 | 0.9x |
| Twin Rivers, NJ | 8,049 | 114 | 0.8x |
| Strathmore, NJ | 7,119 | 129 | 0.9x |
